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Volato to Take Delivery of Second Gulfstream G280 in January 2025, Leveraging Strong Market Demand for Premium Jets

1. Volato Group set to deliver second Gulfstream G280 in January 2025. 2. Strong demand for premium jets positions Volato favorably in the market. 3. The G280 features a range of 3,600 nautical miles and advanced luxury. 4. Current aviation supply issues enhance market opportunity for Volato's sales. 5. Future deliveries of G280s support Volato's strategic growth plans.

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FAQ

Why Bullish?

The positive delivery of the Gulfstream G280 and strong demand bodes well for SOAR's stock performance, similar to how prior aircraft deliveries positively influenced other aviation stocks.

How important is it?

The announcement reflects Volato's growth strategy and market demand, important for future stock value.

Why Long Term?

Securing timely deliveries suggests sustained revenue growth, akin to long-term successes seen in the aircraft manufacturing sector.

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NYSE American: SOAR
ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (the “Company” or “Volato”) (NYSE American: SOAR), a leader in private aviation, today announced the upcoming delivery of its second Gulfstream G280 in January 2025. This milestone is part of a four-aircraft order and reflects Volato’s strategy to capitalize on strong market demand for premium super-midsize jets. The Gulfstream G280 remains one of the most desirable aircraft in its class, with a range of up to 3,600 nautical miles, advanced performance, and a spacious, luxurious cabin. As the private aviation market faces constrained supply and significant backlogs, Volato’s ability to secure timely deliveries creates a unique opportunity to meet rising customer demand through aircraft sales. “This delivery marks the second Gulfstream G280 from our four-aircraft order, and we are well-positioned to realize value from these transactions,” said Matt Liotta, CEO of Volato. “The demand for high-quality jets like the G280 remains incredibly strong, and these deliveries allow us to efficiently meet market needs while continuing to drive value for our stakeholders.” The Gulfstream G280 Advantage: Incredible Performance: A range of 3,600 nautical miles and top cruising speed of Mach 0.85, enabling non-stop coast-to-coast and transcontinental flights. Luxurious Cabin: A spacious, quiet environment with advanced features for work and relaxation. Market Opportunity: Delays across the private aviation industry have created a strong appetite for immediate deliveries of premium jets, allowing Volato to maximize the value of its four-aircraft order. The delivery of Volato’s second G280 reinforces the company’s focus on strategically aligning its aircraft portfolio with market opportunities. With two additional G280s scheduled for later in 2025, Volato is positioned to benefit from ongoing demand while continuing to deliver value to its customers and shareholders. About Volato Volato (NYSE American: SOAR) is a private aviation company advancing the industry with innovative solutions in aviation software and on-demand flight access. Volato’s proprietary Mission Control software drives efficiency across operations and supports operators in managing fractional ownership, charter, and other services. Volato’s Vaunt platform connects travelers with available private flights, offering a flexible option for on-demand travel. With a commitment to advanced technology and customer-focused solutions, Volato is building scalable tools to elevate service quality and operational effectiveness in private aviation. For more information about Volato, please visit www.flyvolato.com.

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